Massachusetts Petition For License To Sell Real Estate
Introduction
If you are interested in selling real estate in Massachusetts, you will need to obtain a license. The Massachusetts Board of Registration of Real Estate Brokers and Salespersons is the agency responsible for issuing licenses to real estate professionals in the state. In order to obtain a license, you will need to fill out a petition and meet several requirements.
Requirements
In order to be eligible for a real estate license in Massachusetts, you must be at least 18 years old and have a high school diploma or equivalent. You must also complete a 40-hour pre-licensing course from an approved real estate school or education provider. This course covers topics such as real estate law, contracts, financing, and ethics.
After completing the pre-licensing course, you will need to pass the state licensing exam. The exam consists of both a national portion and a state-specific portion. You must pass both portions with a score of at least 70%.
Petition for License
Once you have completed the pre-licensing course and passed the licensing exam, you will need to fill out a petition for a license to sell real estate in Massachusetts. The petition can be obtained from the Board of Registration of Real Estate Brokers and Salespersons or downloaded from their website.
The petition will ask for basic personal information, such as your name, address, and contact information. You will also need to provide information about your education and work experience. Additionally, you will need to disclose any criminal history or disciplinary action taken against you in any other state or jurisdiction.
Fees
When submitting your petition for a real estate license in Massachusetts, you will need to pay a fee. As of 2021, the fee for a broker or salesperson license is $150. You may also need to pay additional fees for fingerprinting and background checks.
Renewal
Real estate licenses in Massachusetts must be renewed every two years. In order to renew your license, you must complete continuing education courses and pay a renewal fee. Brokers must complete 12 hours of continuing education, while salespersons must complete 6 hours.
Conclusion
If you are interested in selling real estate in Massachusetts, obtaining a license is a necessary step. By completing a pre-licensing course, passing the licensing exam, and filling out a petition for a license, you can become a licensed real estate professional in the state. Remember to renew your license every two years by completing continuing education courses and paying the renewal fee.